10833 2nd Avenue Gulf Avenue, Marathon, FL 33050

New Listing

$979,000

Property Type: Residential Bedrooms: 5 Baths: 3 Square Footage: 2,111 Lot Size (sq. ft.): 4,428 Status: Active

Current Price: $979,000 List Date: 8/03/2026 Last Modified: 8/03/2026

Overview

Description

SELLER FINANCING AVAILABLE | TURNKEY INCOME TRIPLEX IN THE HEART OF MARATHON Welcome to a fully renovated, income-producing triplex in one of the Florida Keys' most sought-after markets. With three updated units generating consistent revenue in gross rental income, this is a rare turnkey opportunity for investors -- or a smart way for an owner-occupant to live for free while collecting rent from the other two units. The Property: Unit 1 -- 2BR/1BA, spacious layout, modern open-concept interior, currently leased Unit 2 -- 2BR/1BA, fully renovated, currently leased Unit 3 -- Efficiency unit with well-equipped kitchenette, ideal for a single tenant or short-term renter, currently leased All units are fully updated, tenants are on flexible month-to-month leases (ideal for a buyer who wants immediate cash flow with future flexibility), and ample on-site parking makes this property easy to manage. Prime Marathon location puts residents minutes from shops, restaurants, and ev ... (Read more)

Listing Details MLS# 620847

Location, Tax & Legal

Street #: 10833
Street Name: 2nd Avenue Gulf
Street Suffix: Avenue
Key/Island: Marathon
State/Province: FL
Zip Code: 33050
County: Monroe
Subdivision: Key Colony Sub (53.0)
Area: 15 - Sombrero Bch Rd to Vaca Cut Gulfside
City: MARATHON
Off Shore Island: No
Mile Marker: 53
Marathon Neighborhood: Marathon East - Gulf (Airport to Vaca)
Side: Bay/Gulf
Flood Zone: AE
Alternate Key #: 1411426
Parcel #: 00333710-000000
Zoning: RM - Residential Medium
Deed Restrictions: No
Legal: LT 5 KEY COLONY SUBDIVISION NO 1 KEY VACA PB3-107 OR48-199 OR174-200 OR950-389 OR2650-1282 OR2810-827
Taxes: 6477.69
Tax Year: 2025
Pub Sewer HkUp: Yes

Contract Information

Listing Board: Florida Keys
As is Rght to Inspct: Yes
Species List: No

General Property Description

Realtor.COM Type: Multi-family
Style: Multi-Units
Waterfront: No
Pool: No
Year Built: 1959
Lot SqFt: 4428
Lot Sqft Source: Property Data Card
Acres: 0.1
Living Apx SqFt: 2111
SqFt Source: Property Data Card
Total Bedrooms: 5
Full Baths: 3
Total Baths: 3
Rentals Allowed: Yes
Min Rental Days: 7
Control Depth: 0
Total Units: 0

Association Info

Mandatory Home Owners Asc: No
1st Right of Refusal: No
Association Fee $: 0

Building Style

Above Flood: Yes

More Information

Remarks & Misc

Remarks – Consumer: SELLER FINANCING AVAILABLE | TURNKEY INCOME TRIPLEX IN THE HEART OF MARATHON Welcome to a fully renovated, income-producing triplex in one of the Florida Keys' most sought-after markets. With three updated units generating consistent revenue in gross rental income, this is a rare turnkey opportunity for investors -- or a smart way for an owner-occupant to live for free while collecting rent from the other two units. The Property: Unit 1 -- 2BR/1BA, spacious layout, modern open-concept interior, currently leased Unit 2 -- 2BR/1BA, fully renovated, currently leased Unit 3 -- Efficiency unit with well-equipped kitchenette, ideal for a single tenant or short-term renter, currently leased All units are fully updated, tenants are on flexible month-to-month leases (ideal for a buyer who wants immediate cash flow with future flexibility), and ample on-site parking makes this property easy to manage. Prime Marathon location puts residents minutes from shops, restaurants, and everything the Middle Keys lifestyle has to offer. Bonus: A Letter of Determination with 3 rights is available, and the seller is offering financing with $500,000K down over a 5 year term at a competitive rate -- a major advantage in today's rate environment. Whether you're building a rental portfolio or looking for owner-occupied income property in the Keys, this triplex checks every box. Schedule your private showing today -- inventory like this doesn't last in Marathon.

Fee Includes

None: Yes

Dockage

None: Yes

Tax Exemptions

None: Yes

Appliances

Dishwasher: Yes
Dryer: Yes
Microwave: Yes
Oven: Yes
Refrigerator: Yes
Washer: Yes

Pets

Pets Allowed: Yes

Cooling

Ceiling Fans(s): Yes
Wall/Window Unit(s): Yes

Waterfront

None: Yes

Waterview

No Waterview: Yes

Windows/Doors

Impact Rstnce Window: Yes

Construction

Concrete: Yes

Land Size

Less Than 1/4 Acre: Yes

Terms

Seller Finance Psble: Yes

Utilities

FKAA: Yes

Roof

Other Roof: Yes

Accessibility Feat

Parking: Yes

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: None Waterview: No Waterview Dockage: None Cooling: Ceiling Fans(s); Wall/Window Unit(s) Utilities: FKAA Appliances: Dishwasher; Dryer; Microwave; Oven; Refrigerator; Washer Accessibility Feat: Parking Construction: Concrete Roof: Other Roof Pets: Pets Allowed Land Size: Less Than 1/4 Acre Terms: Seller Finance Psble

Listing Office: Coldwell Banker Schmitt Islamorada

Last Updated: August - 03 - 2026

The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.

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